Opakeco Foundation

Social Services & Non-profit

Overview

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The Opakeco Foundation is building a platform where token holders will be able to exert control over the foundation and support charities without the need of technical skills. In time, Opakeco will become the platform for measuring the transparency of charities and well-doers.

Technical Details

The initial coin offering contract is written with a few important key values: Fixed gas price Hard limit on available Karmo tokens. Karmo tokens can not be minted after ICO. The fixed gas price (“FGP”) is to prevent unfair transactions. There will be no whitelisted accounts, and all transactions with a gas price below or above the FGP will be rejected.

Crowdsale

Token Sale

ICO start date

31 Aug 2017

ICO end date

30 Sep 2017

Token details

Ticker

KARMO

Additional Token Emission

No

Accepted Currencies

ETH

Token distribution

The initial coin offering represents 65% of all karmo tokens. The founders of the foundation, receive a total of 25% of all Karmo tokens. These tokens vest 5% (relative to the total value) per quarter, fully vesting after a period of 5 years. A fund of 5% of all Karmo tokens is kept available for future staff and partnerships. There is 2.5% available for the advisory board. There is 2.5% available for bug/translation/other bounties.

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